Steven R. Fife - 01 Oct 2024 Form 4 Insider Report for Lifevantage Corp (LFVN)

Signature
/s/ Alissa Neufeld, Power of Attorney for Steven R. Fife
Issuer symbol
LFVN
Transactions as of
01 Oct 2024
Net transactions value
-$72,833
Form type
4
Filing time
03 Oct 2024, 18:05:15 UTC
Previous filing
28 Aug 2024
Next filing
08 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFVN Common Stock Options Exercise $0 +3,233 +0.45% $0.000000 721,010 01 Oct 2024 Direct F1
transaction LFVN Common Stock Tax liability $72,833 -5,907 -0.82% $12.33 715,103 01 Oct 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LFVN Performance Stock Units Options Exercise $0 -3,233 -100% $0.000000 0 01 Oct 2024 Common Stock 3,233 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 10, 2022, the reporting person was granted PSUs which vest only to the extent specified financial performance criteria are achieved and subject to the reporting person's continued service with the issuer, as provided in the Form 4 filed by the reporting person on November 15, 2022. The reporting person initially reported the number of shares that were eligible to be earned at target-level performance achievement. The performance criteria were achieved at a level above target. The actual number of shares that vested was 133.13% of the at-target number of shares subject to vesting on that date. The number of PSUs beneficially owned following the reported transaction has been updated to reflect the number of earned units as well as the number of earned units remaining following the cancellation of 9,700 earned units, as reported on the Form 4 filed on November 8, 2023.
F2 Performance Stock Units ("PSUs") convert into common stock on a one-for-one basis.